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Accounting Sample Q's

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Accounting Sample Q's
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Answered Same Day Dec 24, 2021

Solution

David answered on Dec 24 2021
128 Votes
1. a: debit entry
2. d: Payment due on equipment purchased for the business.
3. a: They reduce posting time by consolidating similar entries.
4. b: Depreciation Expense, Allowance for Depreciation
5. c: Reconciliation
6. b: a transposition in figures.
7. a: a check so endorsed is not transferable.
8. b: refoot the debit and credit...
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